Wednesday 27 January 2021
Top global companies joined Dubai Science Park (DSP), the region’s leading science and healthcare-focused business district, in 2020 as the importance of science, technology, and medical innovation came to the fore. Many existing business partners also expanded their presence, opening new offices and innovation centers to develop new products as Dubai reinforced its position as an attractive destination for healthcare-focused companies.
New businesses at Dubai’s top science district include New York Stock Exchange-listed biotechnology multinational Biogen, which makes neurological disease treatments; Dubai-based DGrade, the first bottle-to-yarn manufacturing company to make clothes out of plastic waste; and India’s largest biopharmaceutical company, Biocon, which has a presence in more than 120 countries, employs over 12,000 staff, and develops medicine to treat diabetes, cancer, and autoimmune diseases.
Existing business partners including Germany’s life sciences leader Bayer, which expanded its presence by opening a new regional headquarters at DSP.
US-based IFF opened a new creation, application, and innovation center for its Taste, Food & Beverage division to drive further growth in Africa, Middle East, Turkey, and India (AMETI). The 1,400 sq m creative facility services companies within the AMETI region by offering innovative flavors, savory solutions, juice-based compounds, inclusions, colors, and food protection solutions.
More than 60 leading global biotechnology, healthcare, life sciences, pharmaceuticals, and light manufacturing companies established a presence at DSP in 2020.
Established in 2005, DSP is a business district home to leading local and international institutions including the UAE Ministry of Health and Prevention, Pfizer, Medtronic, Olympus, and Mettler Toledo.
Many of these companies played a critical role in the UAE’s efforts to mitigate the impact of COVID-19, with companies such as Alliance Global supplying thousands of PCR test kits across Africa, the Middle East, and Central Asia (AMECA).